🟢 SMH3.L is trading 4.8% up today as semiconductor sector rebounds from multi-day selloff

SMH3.L is trading 4.8% up today as the leveraged semiconductor complex stages a partial snapback following an intense multi-day selloff in global tech and semiconductor shares.

• Investors are reassessing extreme downside volatility and AI infrastructure fears after heavy selling previously triggered by TSMC capex guidance.
• The recovery follows a period of heightened geopolitical tensions in the U.S.–Iran conflict which had weighed heavily on broader market sentiment.
• The move reflects amplified gains in the 3x leveraged ETP as the underlying semiconductor complex stabilizes after reaching oversold conditions.